GPIF and DBJ will contribute $2.5bn to the co-investment partnership, which will use the expertise of OMERS’ investment units including Borealis Infrastructure.

The Japanese institutions’ participation will bring the total commitments to OMERS’ investment programme Global Strategic Investment Alliance to $11.25bn.

President and CEO of OMERS Strategic Investments Jacques Demers said, “We are honoured and pleased to be partnering with GPIF and DBJ in the pursuit of high-quality investments under a jointly developed program which recognizes OMERS direct drive, active investment management expertise.